Shadowfax Crosses Rs 1,500 Crore Quarterly Revenue In Q2 FY27
New Delhi, October 30: Third-party logistics company Shadowfax announced its Q2 FY27 financial performance, reporting a revenue of Rs 1,538 crore for the quarter, according to a press release. This marks a 56.6 percent year-on-year increase from Rs 982 crore in the corresponding period of the previous fiscal year, marking its sixth consecutive quarter of over 55 percent revenue growth.
The company’s Adjusted EBITDA margin expanded to 5.0 percent at Rs 77 crore, up 177.4 percent year-on-year from Rs 28 crore. Net profit (PAT) for the quarter stood at Rs 68 crore, representing a 421.9 percent growth compared to Rs 13 crore reported in Q2 FY26.
During the quarter, Shadowfax delivered 27.1 crore orders across its express parcel and hyperlocal segments, up 69.7 percent year-on-year. Express parcel revenue grew by 55.2 percent year-on-year, while hyperlocal revenue increased by 87.7 percent. The company also enabled same-day delivery across more than 120 cities and launched micro-fulfilment centers aimed at Direct-to-Consumer (D2C) brands and small-and-medium enterprises (SMEs) to facilitate 8-to-12-hour delivery timelines.
Commenting on the financial results, Abhishek Bansal, Co-founder and CEO, Shadowfax, said: “We enter the second half with strong momentum – Rs 1,500+ Cr in quarterly revenue, a milestone 5% Adjusted EBITDA margin and growth that keeps accelerating. Speed is what drives us. Indian customers want speed across every online commerce channel, and Shadowfax powers it. Our fastest-growing customers, D2C brands and SMEs, pay a premium to reach their buyers faster. As the only 3PL of national scale offering same-day delivery across 120+ cities, we serve them best, and our new micro-fulfilment centers will bring a far wider range of products within hours to the customer.”
He added: “We head into the festive peak with more capacity than ever, and with an AI-led optimization engine planning our national network every day. Fast, flexible and future-ready, Shadowfax expects to remain India’s fastest-growing 3PL while delivering industry-leading returns.”
